Registry
Module Specifications
Archived Version 2016 - 2017
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Description This module enables students to analyse and evaluate macroeconomic concepts, theories, and policymaking in real life contexts through the use of case studies. | |||||||||||||||||||||||||||||||||||||||||
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Learning Outcomes 1. describe macroeconomic variables such as GDP growth, inflation, unemployment and public debt 2. analyse the transmissions mechanisms that impact upon these variables in high, middle and low income countries 3. summarise key macroeconomic theories that lie behind these transmission mechanisms 4. assess the circumstances in which theoretical outcomes are unlikely to prevail in practice 5. use these theories to analyse and critique macroeconomic policymaking in low, middle and high income countries | |||||||||||||||||||||||||||||||||||||||||
All module information is indicative and subject to change. For further information,students are advised to refer to the University's Marks and Standards and Programme Specific Regulations at: http://www.dcu.ie/registry/examinations/index.shtml |
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Indicative Content and
Learning Activities Some Revisionan overview of key macroeconomic conceptsAggregate Demand and SupplyA discussion of the main tools of analysis in macroeconomic policymakingThe Market for GoodsUsing aggregate demand and supply to analyse the market for goods and services; the role of fiscal policy in influencing aggregate demand and supply; the limitations of fiscal policyThe Market for Moneydemand for money; money supply and the role of the Central Bank; monetary policy in high, middle and low income countriesThe Labour Marketusing demand and supply to analyse the operations of the labour market; labour market structures and regulations; the non-accelerating inflation rate of unemployment; policies to influence the actual and natural unemployment ratesPublic Debtanalysing the determinants of the debt to GDP ratio and the budget deficit; alternative measures of public debt; the concept of the automatic stabiliser; controlling public debt in high, middle and low income countries | |||||||||||||||||||||||||||||||||||||||||
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Indicative Reading List | |||||||||||||||||||||||||||||||||||||||||
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Other Resources 15721, Supplement to Lecture Notes, 0, Moodle Notes, 15722, International Monetary Fund, 0, Article IV publications, 15723, The World Bank, 0, various documents, | |||||||||||||||||||||||||||||||||||||||||
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